Fashions Inc’ s December 31, 2019 balance sheet showed total common equity of $4,000,000 and 290,000 shares of stock outstanding. During 2020, the firm had $450,000 of net income, and it paid out $150,000 as dividends. Assuming no common stock was either issued or retired during 2020.What was the book value per share at 12/31/20?
In: Finance
#Java
I am reading from the txt file
and I put everytihng inside of the String[], like that:
String[] values = str.split(", ");
But, now I have to retrieve the data from it one by one. How can I do it?
Here is the txt file:
OneTime, finish the project, 2020-10-15 Monthly, wash the car, 2020-11-10
Thanks!
In: Computer Science
3. Review and discuss the collapse of the Futures Oil Market, which fell into the negative realm in May 2020.
What were the main reasons for this fall into the negative realm? Critically discuss
After May 2020, what are the prospects of futures contracts as a significant risk management tool for firms? Discuss critically.
Please state references and use APA Citation latest version
In: Finance
In 2020, Avalanche Corporation has $70,000 of net income from operations during the current year. In addition, Avalanche received $180,000 of dividend income from a corporation in which Avalanche has a 10% ownership interest. What is Avalanche’s dividends received deduction for 2020?
Question 6 options:
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In: Accounting
An ESOP under which employees may purchase shares of the company for $ 20 per share was established . The option premium is $ .50 per share and 20,000 shares were set aside for the plan. On January 1, 2020, 12,000 options are purchased by employees. On December 1, 2020, all 12,000 options are exercised. Required Prepare the journal entries to record the above events
In: Accounting
GDP from each year:
| Year | GDP | |
| 1. | 2018 | 10569705.30 |
| 2. | 2019 | 11526332.80 |
| 3. | 2020 | 12401728.50 |
| 4. | 2021 | 13589825.70 |
| 5. | 2022 | 14838311.50 |
| 6. | 2023 | 15833943.40 |
a) Calculate Economic Growth from 2018 to 2023. When is the highest growth?
b) Calculate the Constant GDP of 2018, 2019, 2021, 2022, 2023 based on 2020 price.
In: Economics
2. Capital Company issued $600,000, 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable semiannually on July 1 and January 1. The effective interest rate is 8%. Capital uses the straight-line method of amortization and has a calendar year end. Instructions: Prepare all journal entries made in 2020 related to the bond issue.
In: Accounting
A rich aunt has promised you $3,000 one year from today. In addition, each year after that, she has promised you a payment (on the anniversary of the last payment) that is 2% larger than the last payment. She will continue to show this generosity for 2020 years, giving a total of 2020 payments. If the interest rate is 4%, what is her promise worth today?
In: Finance
however Henry is building a fireplace in his home, the fireplace will require 2500 bricks.
a) if the cost of chimney brick in 2017 $2.10. calculate the material cost of Henry's project in 2020 . the chimney brick index (CBI) was 442 in 2017 and is expected to be 651 in 2020
b) estimate the material cost of similar fireplace to
be built in the year 2023
what assumption did you make?
In: Economics
Mamas & Papas, Inc. issues 7%, 10-year bonds with a face amount of $80,000 for $74,564 on January 1, 2020. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31.
1. Record the bond issue in the journal.
2. Record in the journal the first interest payment on June 30, 2020.
In: Accounting